I work with the world's thought leaders in business, public policy and civil society, in the areas of global value chains, sustainable capitalism and international trade. Partnering with a black-listed entity, for example, could expose a company to blocked business deals, increased export controls, technology licensing and sanctions — all of which wreak havoc on day-to-day supply chain activities. Fifty years ago, technology served a functional role, today it is the central engine powering an ambitious economy. I work with the world's thought leaders in business, public policy and civil society, in the areas of global value chains, sustainable capitalism and international trade. A study conducted by Jones Lang LaSalle, a real estate advisory firm, puts Singapore as the top foreign investment destination for Chinese tech giants Alibaba, Baidu and Tencent. This will bring its long-term investment in local data centres to S$1.16 billion (US$850 million). All Rights Reserved, This is a BETA experience. Opinions expressed by Forbes Contributors are their own. In order to qualify for these FTAs, regional value chains can be rerouted to Singapore, where there are robust supplier networks and a critical mass of strategic partners and service providers. China’s Cyber Security Act, which came into force in 2017, requires foreign firms to store data on locally based servers, thereby ceding full data access to Beijing's bureaucrats. Copyright © 2011-2020 Despite Singapore’s tiny market size, with a population of just over 5 million, it has implemented 22 bi-lateral and regional FTAs and has recently concluded and signed two mega-FTAs including the European Union-Singapore Free Trade Agreement (EUSFTA) and the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). Singapore’s government-backed initiatives to…

This effectively opens up all of the world’s major markets to Singapore-based enterprises, which is all the more compelling as the U.S.-China trade war shows no sign of abating. Singapore is also gaining ground in clean technology as well. Internet-Of-Things 3. Wildtype Media Group Pte Ltd. All Rights Reserved. The Global Information Technology Report 2010-2011, E-Waste In Asia Jumps 63 Percent In Five Years, Indonesia, Pakistan Lacking In Mental Health Integration: Report, 2016 THE Uni Rankings: Singapore Universities Top In Asia, Again, Pan-Asian Trials Could Replace Domestic Studies. The Nordic countries lead the way in leveraging ICT. Cybersecurity 2. Singapore has come out second in the rankings of The Global Information Technology Report 2010-2011 by the World Economic Forum. Just this week, the Trump administration announced another $200 billion in tariffs on Chinese products, and Beijing has retaliated with $60 billion of its own. My focus is on disruptive technology and the digital economy. Here is the story of what has happened since then. Finland jumps to third place, while Switzerland and the United States are steady in fourth and fifth place respectively. When Yoshizumi Ishino first encountered in 1986 the mysterious sequences that would later come to be known as CRISPR, he was as far away from the present day as he was to the discovery of the double helix.

The JLL study showed, for example, that China's cities were most connected to Singapore, followed by New York and Sydney. All of this amounts to what looks to be a growing influx of tech firms into Singapore.